Market Overview-

The global grain silos market is expected to gain traction from the increasing advancements in grain production technologies. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Grain Silos Market Size, Share & Industry Analysis, By Type (Metal Silos, Steel Silos, Others), By Product (Flat Bottom, Hopper Bottom, Feed Hoppers, Others) and Regional Forecast, 2024-2032.” The report further states that the surging loss of food grain is anticipated to drive the demand for grain silos globally. The World Bank Report declared that every year, approximately 12 to 16 million metric tons of food grain losses occur in India during the post-harvest phase.

A list of all the grain silos manufacturers operating in the global market:

  • Superior Silo LLC
  • Sioux Steel Company
  • Nelson
  • P+W Metallbau GmbH & Co. KG
  • Rostfrei Steels
  • Silos Cordoba
  • Hanson Silo Company
  • CST Industries
  • Symaga
  • Ahrens Agri
  • Silos Cordoba
  • Other prominent companies

This Report Answers the Following Questions:

  • Which segment is expected to lead the market?
  • What are the vital drivers and obstacles for the market?
  • What are the dynamics, challenges, and opportunities in the market?
  • Which key companies would gain the largest revenue in the market?

Drivers & Restraints-

Increasing Need to Strengthen Food Security will Propel Growth

The increasing incidence of food grain contamination due to environmental factors such as pH, temperature, and moisture is expected to drive growth in the grain silos market. Proper storage of food grains is essential in the farming process, yet traditional grain silos made from mud, grass, and wood, common in developing countries, often fail to protect against pests like birds, rodents, and insects. This challenge is leading to a rising demand for metal grain silos worldwide.

Grain silos play a crucial role in enhancing food security by supporting small-scale farmers economically and providing a reliable means of storage. They also require less space compared to traditional horizontal storage warehouses and come in various configurations, materials, and sizes. However, the high cost of these silos may pose a challenge to market growth.

Regional Analysis-

Availability of State-of-the-art Grain Silos to Favor Growth in North America

Geographically, Asia Pacific is expected to grow at a significant pace throughout the coming years because of the rising post-harvest grain losses because of numerous environmental conditions. The Indian Ministry of Consumer Affairs, for instance, mentioned that around 57,676 metric tons of food grains were damaged in the country because of rodent & pest attacks, exposure to rain & floods, and leakage of Food Corporation of India (FCI) godowns. Besides, the rising concerns of food grain spoilage are expected to drive growth in this region.

Furthermore, North America is set to generate considerable grain silos market share in the forthcoming years because of the presence of various reputed manufacturers in the region. Also, the easy availability of novel silos equipped with grain level sensors, electrical loaders, dryers, aerators cameras, computer systems, moisture sensors, and dischargers would bolster sales in this region.

Competitive Landscape-

Key Players Focus on Signing Contracts & Investments to Develop Unique Products

The global market houses multiple companies that are aiming to develop novel grain silos by signing new contracts with other renowned firms. Some of them are also investing huge sums to acquire innovative facilities. Below are the latest industry developments:

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